Retail Space
934 Dolly Parton Parkway Sevierville, TN 37862
Details & Description
Price: $2,666,666
    Marcus & Millichap is pleased to present for sale this Wendy's Restaurant with Drive Thru located at 934 Dolly Parton Parkway in Sevierville, Tennessee. Sevierville is a short 30 minute drive from Knoxville and is located in the Knoxville Metro Area. Sevierville is a city in East Tennessee with The Great Smoky Mountains National Park to the South with its beautiful forest trails and water parks. It is well known as the hometown to singer Dolly Parton. As a town situated along the Dolly Parton Parkway, Sevierville has reaped the benefits of the burgeoning tourism industry brought about by the development of the Great Smoky Mountains National Park. This Wendy's Restaurant is located at the hard corner signalized intersection of Dolly Parton Parkway and Veterans Blvd with Traffic Counts Exceeding 60,721 Vehicles per day. Only three minutes away from this Wendy's is LeConte Medical Center, a $120 Million Dollar hospital with advanced medical services and technologies and 79 Beds, 140 Physicians and 500 employees. The Tennessee Museum of Aviation located on the Gatlinburg-Pigeon Forge Airport is only two minutes from this Wendy's property and see thousands of tourists each year visiting the site. Only minutes from the property is The Great Smoky Mountains National Park, the most visited National Park in the United States with over 10 million visitors each year. Also in close vicinity to the property is the World-famous Dollywood Amusement Park which sees thousands of visitors each year. In 2021, Dollywood just announced plans for a $500 Million dollar expansion to the park. Wendy's is an international fast-food restaurant chain founded by Dave Thomas on November 15, 1969 in Columbus, Ohio. As of January 2019, there were a total of 6,828 locations, including 361 that are company owned. 6,467 restaurants are franchised and 77 percent of them are located in North America. (In 2016, Wendy's was the worlds third largest hamburger fast-food chain following Burger Kings 12,000 plus locations and McDonalds 31,000 locations.
    Property Highlights
     Sevierville is a Short 30 Minute Drive from Knoxville and is Located in the Knoxville
     Short Drive to Dollywood Amusement Park Which Plans a $500 Million Dollar Expansion
    Listing Agents
    Gabriel Britti

    O: 786-522-7017
    gabriel.britti@marcusmillichap.com
    Ronnie Issenberg
    Marcus & Millichap
    O: 786-522-7013
    ronnie.issenberg@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    934 Dolly Parton Parkway

    Sevierville, TN 37862

    Listing ID: 275826
    • 934 Dolly Parton Parkway Sevierville, TN 37862 | for Sale | Photo 1
    • 934 Dolly Parton Parkway Sevierville, TN 37862 | for Sale | Photo 2
    • 934 Dolly Parton Parkway Sevierville, TN 37862 | for Sale | Photo 3
    934 Dolly Parton Parkway | for Sale | Thumbnail 1
    934 Dolly Parton Parkway | for Sale | Thumbnail 2
    934 Dolly Parton Parkway | for Sale | Thumbnail 3
    Building Size: 2,200 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $1,212.12
    Land $/SF:
    Price
    $2,666,666
    Property Highlights
    Brand New 2021 Construction Wendys Restaurant with Drive Thru
    20 Year NNN Lease with 7.5 Increases Every 5 Years in Rent
    Sevierville is a Short 30 Minute Drive from Knoxville and is Located in the Knoxville
    Short Drive to Dollywood Amusement Park Which Plans a $500 Million Dollar Expansion
    Minutes From LaConte Medical Center a $120 Million Hospital
    Wendys is considered an Essential Tenant
    Description

    Marcus & Millichap is pleased to present for sale this Wendy's Restaurant with Drive Thru located at 934 Dolly Parton Parkway in Sevierville, Tennessee. Sevierville is a short 30 minute drive from Knoxville and is located in the Knoxville Metro Area. Sevierville is a city in East Tennessee with The Great Smoky Mountains National Park to the South with its beautiful forest trails and water parks. It is well known as the hometown to singer Dolly Parton. As a town situated along the Dolly Parton Parkway, Sevierville has reaped the benefits of the burgeoning tourism industry brought about by the development of the Great Smoky Mountains National Park. This Wendy's Restaurant is located at the hard corner signalized intersection of Dolly Parton Parkway and Veterans Blvd with Traffic Counts Exceeding 60,721 Vehicles per day. Only three minutes away from this Wendy's is LeConte Medical Center, a $120 Million Dollar hospital with advanced medical services and technologies and 79 Beds, 140 Physicians and 500 employees. The Tennessee Museum of Aviation located on the Gatlinburg-Pigeon Forge Airport is only two minutes from this Wendy's property and see thousands of tourists each year visiting the site. Only minutes from the property is The Great Smoky Mountains National Park, the most visited National Park in the United States with over 10 million visitors each year. Also in close vicinity to the property is the World-famous Dollywood Amusement Park which sees thousands of visitors each year. In 2021, Dollywood just announced plans for a $500 Million dollar expansion to the park. Wendy's is an international fast-food restaurant chain founded by Dave Thomas on November 15, 1969 in Columbus, Ohio. As of January 2019, there were a total of 6,828 locations, including 361 that are company owned. 6,467 restaurants are franchised and 77 percent of them are located in North America. (In 2016, Wendy's was the worlds third largest hamburger fast-food chain following Burger Kings 12,000 plus locations and McDonalds 31,000 locations.

    Points of Interest & Demographic Radii

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    Sevierville Area Market Trends

    Listing Demographics for 934 Dolly Parton Parkway Sevierville, TN 37862

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 934 Dolly Parton Parkway in Sevierville?
    The asking price for 934 Dolly Parton Parkway is $2,666,666
    What is the building size of this Retail property in Sevierville, TN?
    The size of the building/unit at 934 Dolly Parton Parkway in Sevierville is 2,200 square feet
    What kind of Retail is the property at 934 Dolly Parton Parkway?
    The property at 934 Dolly Parton Parkway Sevierville, TN 37862 is listed as a Food Service Retail property
    What is the population within 1 mile of 934 Dolly Parton Parkway in Sevierville?
    The population within 1 mile of 934 Dolly Parton Parkway Sevierville, TN 37862 is 2,363 people.
    Who do I contact for questions about 934 Dolly Parton Parkway?
    You should contact the listing agent, Gabriel Britti, for any details regarding this commercial listing.

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    McGhee Tyson Airport (TYS) 25
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    Tri-Cities Regional TN/VA Airport (TRI) 76